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    FOR SALE
    Commercial real estate

    81 Columbia Point Dr, Richland, WA 99352

    25,500 SF 1.98 ac lot Built 2004
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-1762516
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot retail space is located at 81 Columbia Point Dr in Richland, Washington, within a thriving commercial center. The property, built in 2004, boasts a desirable C2 zoning classification and is part of a bustling retail environment anchored by WinCo Foods. Benefiting from high visibility and traffic, this single-tenant space offers a wide-open floor plan, perfect for a variety of retail uses. The suite features convenient amenities including two bathrooms and a back office with a rear exit and loading capabilities. Its dimensions are 50 feet wide by 100 feet deep. The property is situated in a high-traffic area, adjacent to established national retailers such as Dollar Tree and Big 5, and in close proximity to other prominent businesses including AT&T and Starbucks. The location provides excellent access to major roadways, including Highway 240, and is just seven minutes from the Kennewick Simon Mall area. The space is currently vacant within a 25,500 square foot building, and a five-year lease term is preferred. Estimated net operating expenses are $3.75 per square foot. This presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in a thriving community. The building is classified as Class B. Benton County is the location. The zip code is 99352.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2004
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 25,500 SF
    Lot 1.98 ac (86,249 SF)
    APN 113983BP2892009
    UPID US90-1762516
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.00M
    Blend (final) Blend
    $1.98M
    Owner & transaction history
    Dea Properties 4 LLC · 2 yrs held
    Dea Properties 4 LLC
    since 2024
    2 recorded transactions
    2024
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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